PPP Loan information for Downtown meats inc.

$32,900

Downtown meats inc. was initially approved for PPP Loan of amount $32,900, the current approved amount is $32,900. The loan was approved on 04/15/2020 by The Ultima Bank Minnesota reported 4 jobs and $32,900 was used to fund payroll.

Downtown meats inc. is Existing or more than 2 years old

DOWNTOWN MEATS INC.

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DOWNTOWN MEATS INC.

Borrower Address

207 AMERICA AVE NW

Borrower City

BEMIDJI

Borrower State

MN

Borrower Zip

56601-3176

Loan Status Date

01/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32900.00

Current Approval Amount

32900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39047

Servicing Lender Name

Ultima Bank Minnesota

Servicing Lender Address

9 W Minnesota Ave

Servicing Lender City

WINGER

Servicing Lender State

MN

Servicing Lender Zip

56592

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BEMIDJI

Project County Name

BELTRAMI

Project State

MN

Project Zip

56601-3176

CD

MN-08

Jobs Reported

4

NAICS Code

445210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

32900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39047

Originating Lender

Ultima Bank Minnesota

Originating Lender City

WINGER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

33085.68

Forgiveness Date

11/17/2020

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